Visa, Inc. (NYSE:V) reported its second-quarter results after Tuesday's closing bell, beating analyst estimates on the top and bottom lines.
Here's a look at the details inside the report.
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Q1 Details
Visa reported quarterly earnings of $3.31 per share, which beat the Wall Street estimate of $3.10, according to Benzinga Pro data.
Quarterly revenue came in at $11.23 billion, which beat the consensus estimate of $10.74 billion and was up from $9.59 billion in the same period last year.
Visa reported the following key business drivers (YoY increase / decrease), volume in constant dollars, second-quarter 2026):
- Payments Volume 9%
- Cross-Border Volume Excluding Intra-Europe 11%
- Cross-Border Volume Total 12%
- Processed Transactions 9%
“Visa's second quarter net revenue growth of 17% was the highest since 2022, driving GAAP EPS up 36% and non-GAAP EPS up 20%,” said CEO Ryan McInerney.
“Consumer spending remained resilient, and our strategy and innovations fueled strong performance in consumer payments, commercial and money movement solutions and value-added services,” McInerney added.
V Stock Price: According to data from Benzinga Pro, Visa stock was up 4.43% to $323 in Tuesday's extended trading.
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